Noble Insurance Group

Noble Insurance Group is a UK-based holding company that acquires and develops specialist insurance brokerages. The firm was co-founded in 2019 by Managing Directors Henry Arundel and Ian McManus through a management buy-in of Noble Marine, a pleasure craft insurance specialist. Arundel's background is in private equity and corporate finance at firms including Inflexion and Evercore, while McManus previously held senior leadership roles at Aon and Zurich.

The group's business model centers on a 'buy-and-build' strategy, acquiring niche insurance intermediaries and enhancing them with new strategic direction, upgraded technology, and improved underwriting sophistication. Noble Insurance Group has completed twelve acquisitions to date, funded in part by loans from institutions like OakNorth bank. The company's vision is to build an integrated network of specialist insurance brands across various classes.

The portfolio initially focused on the marine market with the acquisitions of Noble Marine, Yachtline, and WG Yachts. It has since diversified into other niche markets. Its brand portfolio includes insurance for pleasure craft (Noble Marine), yachts (WG Yachts, Yachtline, Yachtmaster), specialist vehicles and events (Graham Sykes), musical instruments (New Moon), and camping and leisure vehicles through its latest acquisition of Caravanwise. This strategy targets markets with loyal customer bases and deep, specialized expertise.

Keywords: insurance intermediary, brokerage acquisition, specialist insurance, buy-and-build strategy, marine insurance, niche markets, insurance holding, underwriting, portfolio strategy, leisure insurance